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20110718
20110718
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FOXNEWS 19
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Search Results 0 to 18 of about 19 (some duplicates have been removed)
after congress passes a balanced budget amendment. congressman jordan you are big sponsor of this. president obama says that it would cut medicare and social security much more deep ply than paul ryan's budget plan. >> we like to view it as a common sense american plan. americans know we are spending too much. we are headed for a cliff. we are headed for bankruptcy. cut spending in year one and cap it as a percentage of the economy going forward. everyone understands our government is getting too big. let's do something historic. let's for the first time in american history pass a balanced budget amendment through the house and senate and send it to the states. let's make the federal government, the entity that has a $14 trillion debt, make us live under the requirement that everyone else has to live by. >> chris: what is wrong with cut, cap and balance and what are the chances it will get through the house and national and get signed by the president? >> no one should be fooled by this. they are not proposing a clean balanced budget amendment. they are proposing to manipulate the
of the need for a course correction. but weeks of negotiations have shown his commitment to big government is simply too great to lead to the kind of long-term reforms we need. >> reporter: reid says lawmakers must find a solution. >> we'll stay in session every day, saturday and sunday until congress passes legislation to prevent the united states from defaulting on negotiation. >> reporter: in chicago, key ally expressed support for the mcconnell-reid plan. >> more work to be done. joint committee can tackle it but it's responsible way out of the crisis. >> reporter: lindsey graham favors constitutional amendment but there isn't enough support in the senate. >> we have the people behind us. 72% of the american people want balanced budget. >> reporter: the president called for shared sacrifice. >> i am still pushing for to us achieve a big deal. but what i said to the group is if we can't do the biggest deal possible, then let's still be ambitious. let's still try to at least get a down payment on deficit reduction. >> reporter: but the cochair of the president's own deficit commission ha
vote. but that leaves a big problem and that's the debt. >> it's the debt itself. i couldn't agree more. the crisis comes, bill, not if we don't pass the debt ceiling, but if we do pass a debt ceiling it send a signal to the financial markets around the world that the united states is not capable of dealing with this enormous debt. that's the crisis. if we don't get a credible plan that brings the deficit spending down over the next two years and the president has been holding out on that. bill: do you think the markets will be spooked by that? >> you are exactly right. even as moody's and s & p said they will downgrade the debt. you would expect for the interest rate on those bonds to go up but the last couple weeks they have gone down. we cast a carte blanche $2.5 trillion increase in the debt i believe that could cause a financial panic. bill: that forces the markets to quiver. >> this is the ultimate point of leverage. that's why there has been a stalemate. republicans said if we cave on this we'll never get serious about spending. but right now it take the president to sign this bi
's casey anthony released shortly after midnight. last night -- night before last. the big question now is where did she go? >> right, where is she? >> where did she go? we know that after the courthouse right there, they went in a series of cars over to a parking garage where her attorney was. next thing you know, we don't know. >> possibly the old switch-a-roo there. >> she's facing the possibility of some lawsuits so she can't completely disappear so we may see her popping up again. right now, we don't know where she is and that's incredible really when you think about the amount of attention that this has gotten and that everyone knows what she looks like. >> it was amazing. had to go through some precautions. for a woman without a budget, it's amazing the amount of money we were spending on her, her safetyher future for now anyway or maybe somebody is keeping a tab because she probably will be coming into some money soon. they called up her parents and said do us a favor, show up at the hotel, excuse me, at the prison, and go -- and be a good decoy for the press who are going t
for stories, that is right. look, many people say that goldman sachs is a big supporter of the obama administration, a big supporter of democrats generally. this is an unfavorable report for the administration so kind of burr right on a friday afternoon. alisyn: interesting. well we're glad that you've brought it to light for us. stu varney thanks so much. another fox news alert for you right now, because we are just getting word that the president is already threatening to veto a bill that will be hitting the house floor tomorrow. the tea party-backed cut, cap and balance plan would provide the president a 2.4 trillion increase on the debt limit, and would also include a constitutional amendment requiring a balanced federal budget. congressman dan hrupb gree l u.n joins me to talk about this live. hello, long man. >> hello. >> we have to see whether he will really veto it. the president has said a lot of things that haven't come true. this is the most leaderless president i've seen in my lifetime. here we have a situation in which we should be coming together, and yet the president
-- none of your business. a big buzz about a gall up poll showing that president obama would be defeated by a generic republican by 8 points and leads any of the spectacular candidates that he is paired against. what does this mean? franklyy absolutely nothing. a poll in this point in time is where they are today and not in 15 months. voters will automatically vote democrat and some automatically vote republican. the election is going to be decided by independent voters in the middle, and they are a long way from making up their mines on the next election. they are struggling whether or not they are having a next paycheck. while i enjoy a good game of politics as much as the next guy, there is a time to campaign and then there is a time to govern. president and members of congress from both parties have had their fun politicing the debt ceiling and now time to govern and resolve it. i don't think the world will face armageddon over failure to set the debt limit. there would be affects. you wouldn't be able to visit the national parks and coon get a passport and airport lines for tsa coul
home 63 big spending democrats. americans said we do not want more spending, we want dramatic cuts in size and scope and focus of washington d.c. and promised cuts, minuscule when we have a deficit in the trillions of dollars in year and 253 million dollars. it's just really, it's weak tea. >> sorry to jump in. but it really is obama who is the person who is holding it up at this point. and the congressional republicans that are present on this issue for in the caving in and giving a deal up already to this point. so, i think saying that they're ignoring us isn't, isn't true because they really are out there, fighting for the best deal possible. >> were you comfortable with 253 million dollars of cuts this year when they promised 100 billion. >> 253 million dollar cuts, in exchange for that one continuing resolution. as long as they get to the 100 billion over the course of the entire year, i would support what they're doing and they knew that the debt ceiling debate was still going to go on and more cuts from here and working to do just that and i think they deserve credit. >> do
" article and tweeted this morning that bachmann won't be able to raise money from big donors because they don't really like her. i think a few things are going on. that could be true. perry sitting on sidelines could be true. i think if the corporations or big donors, big bundlers have money to give, they are giving it to the senate g.o.p. races. >> bob: they are. the other reason they are not giving it to her is they are scared to death that she will become president. that's my new zealand point. give her credit for raising money. she did it last year, and state-of-the-arted in the healthcare debate. she was smart getting out there -- and smart in the healthcare debate. this is not as formidable -- >> eric: this is only june 27. >> bob: but the real key is in the presidential politics, how many times do you go to the donor list to give money? if you have those small con industrybutions you can go back four or five times. if you can't go back ten times you are probably not going to hold up a big number. >> eric: there is also news she may have quit her church. what do you know? >> gr
jones industrial average stock market especially the s&p stocks. these are the big boys on the block, the top 500. they issue dividends right now and the balance sheets look good and they are profitable and undervalued. that is good place to go. >>stuart: i heard going into the big name, big american-based multinational corporations, they are safe. but, if you put your money into a lost them over 10 years, you have gone nowhere and sometimes you have gone down. >>guest: well, of course, there is that element of risk. yet when you look at the companies right now they have already adjusted for the things in the marketplace right now. you are looking at emerging economies that could be slowing down. you are looking at the debt ceiling, the issues that are going on with that and you are looking at sovereign debt. and a lot of the big companies have already adjusted for that and so they are relatively cheap such as boeing and mcdonald's and caterpillar. >>stuart: you buy gold at $1,550 and big multicorporation stocks would you buy a bank cd and earn a miserable 1 percent and sleep safely?
of whether or not he wants a big payday. he's the only person he's got to be between the hoards of people who would like to hurt her or kill her as well as the hoards of media that would like to interview her. >> what do you think? >> you have to chalk another victory to jose bias. every network wants to know where she is. nobody knows where she is and they did it they ducked the media. she could be in five places philadelphia, new york, ohio and nobody knows where she is. >> you think it's casey saying i don't want no part of george and casey or is it baes running the show? >> ultimately what's going to happen she is going to get paid. this is about a big payday. we don't know where she is but for the right amount of money we are going to find out. he has to keep her away from the masses they will produce her at the appropriate time and the money will reign. >> i was going to say or joey if baes really cares about her he shavers her head puts a blonde wig on her has to wear over sized clothes and puts her in montana, iowa, idaho. >> but then she can't make money off it if we don't know -- >>
" on this monday, a very special welcome back to jenna lee. jenna: thank you very much. jon: anything big happened while you were gone? jenna: got married, went on a honeymoon. i'm back for good. jon: glad to have you. brand-new developments in the debt showdown as the clock ticks closure to government default. now the tea party is stepping in, pushing its cut, cap and balance plan. jenna: ccp, a measure that raises the limit on america's credit card by another $2.4 trillion, only after big and immediate spending cuts, as well as a constitutional amendment requiring a balanced federal budget. jon: it looks likely to pass in the house but the senate is a very different story. mike emanuel live at the white house for us now. what is the latest from the white house, first of all, mike? >> reporter: jon the white house perspective that this is a huge problem, our nation's debt, so this is the time to do something big and do something bold. it is not clear where the votes will be in terms of trying to do something of that nature. our understanding is from talking to sources, both here at the white hous
senate republican leader mitch mcconnell sounds like he is losing hope that a big deal could be struck. >> republicans are trying to persuade the president of the need for a course correction. but weeks of negotiations have shown that his commitment to big government is simply too great to lead to the kind of long-term reforms we need to put us on a path to balance and economic growth. >> there was some talk at the white house several weeks ago that a deal needed to be struck by this friday. now jay carney says it's not a hard deadline so, get ready for weekend talks, shep? >> shepard: oh goody. mike emanuel at the white house. hope they don't make you work. one republican pushing for even bigger spending cuts. $9 trillion worth of saving over 10 years. trillions. remember when a billion was a big number. oklahoma senator tom coburn says he would slash a trillion dollars from the pentagon budget plus another 2 trillion from other domestic programs and save another trillion by changing the tax code but you know he would not raise taxes. no. instead, he would end tax breaks like mortgage
about that. >> there is a big principle behind it. there are many families you couldn't help saying i am sorry. jose baez opened his mouth during the statement. the fact of the matter is caylee never was listening made them furious she was found not guilty. oh my god all of the money all of the time all of the other families that we neglected, you know, the search and the heart and the tears coming from 13 different states. the best resources in the world for this little girl found right behind us was here the whole time we were deceived we were lied to but what i said from the beginning when i talked to craig he could have ended this a long time ago. i owe this to our supporters i owe it to our donors. they donate money keep us going. out of jose baez mouth kaye low was never missing. >> remind us why you started equusearch? >> you know i have been through the same thing with my own daughter when she disappeared. police said she was a run away. the police never knew she was a run away. we didn't get any help and 17 months later guess what? her body ended up 4 bodies found in an oil fiel
the white house? >> they push for a big deal but the clock is ticking. so we learn that yesterday morning president obama met privately with the top two republicans in the house of representatives, speaker john boehner and house majority leader cantor, the republicans are saying there was not a major breakthrough or serious progress made. a lost questions about what this week means because senior officials at the white house are telling us weeks ago this was, really, crunch time. the window of opportunity from the 15th to the 22nd, and today i asked carney about the significance of this point in the calendar. >> it is not a hard deadline but congress, the administration, all of us working together, need to move this ball down the field this week. >>reporter: that is the perspective from the white house. carney would not rule out the possibility of other private meetings with top lawmakers to move the ball down the field, so to speak, but at this point we do not hear any reports of a "deal," at this time. >>shepard: still leading republicans are still pushing for amending the constitution,
Search Results 0 to 18 of about 19 (some duplicates have been removed)